Gaskins says that he thought of "PowerPoint", based on the product's goal of "empowering" individual presenters, and sent that name to the lawyers for clearance, while all the documentation was hastily revised.
We came at it with a very simple strategy: We had over companies apply and my team wanted to accept 20 of them.
My gut told me 20 was way too many, so we accepted seven. Seven is the right number It turns out that seven is a magical number for running an incubator. I was speaking with a YC founder this week and I asked them how much time they got with the weekly speaker and they said zero minutes. YC is the gold standard, but with that many per class, the startups are relegated to having office hours with the founders.
There is just something magical about all seven startups getting feedback from the most powerful and smart people in the world — for 12 weeks straight! This means everyone realizes that they got a coveted slot and they should do everything they can to a keep it, and b milk it.
Nothing sucked more for the founders than the week when their presentations went sideways, or in some cases, backwards. It creates a healthy competition, although that is not why I came up with this device. It turns out that if you see three of your peers absolutely crush it this week, and the other three get crushed, you are going to up your game.
Every week I asked our speakers to pick their 2 and their 1 startup from the bunch. Some companies ran out to an early lead, winning the first weeks only to fall to obscurity for the next three while others replaced them at the top of the charts.
The speakers who prepared presentations were x better. Truth is, anyone can do a fireside chat, but very few investors and founders will stop their week and dedicate five hours to making a killer presentation.
Some of the most talked about were:🔥Citing and more! Add citations directly into your paper, Check for unintentional plagiarism and check for writing mistakes. Ah, the life of an investment banking analyst.
“ Sycophant drops by on his way out. Client meeting next Friday but wants complete turn of a pitch for first thing tomorrow morning (tomorrow morning = when he finally gets around to looking at it at some point next week).
See also ‘Workshop-Business Model Canvas‘ What’s the Business Model Canvas? If you’re already familiar, you can skip to the next section, ‘How do I get started?’. The Business Model Canvas (BMC) gives you the structure of a business plan without the overhead and the improvisation of a ‘back of the napkin’ sketch without the fuzziness (and coffee rings).
Before you begin to formulate the content of your presentation, you need to ask yourself many basic questions with an eye to becoming the best possible presenter for that particular audience.
Establish a time frame for your pitch: Investors have a notoriously short attention span so state up front your deck is slides, and need just 20 minutes to cover the introductory material. Mission accomplished. You have found what seems like an ideal match.
You are ready for that first meeting with an angel investor where you get to present your business concept.